BTC - M pattern target 44.000 usdM pattern target 44.000 usd So many trades are bullish, but now we are the top and we need correction to 44.000 usd.by MladenJelic114
BITCOIN Will Go Down From Resistance! Short! Here is our detailed technical review for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 67,066. Taking into consideration the structure & trend analysis, I believe that the market will reach 65,026 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 224
BITCOIN IN A DOWNTREND With the new creation of a Lower High (LH) and Lower Low (LL) on the H4 chart, the bearish expectation remains intact. Now we must wait for a rejection of the current zone to continue that movement. It is crucial that the daily candle closes below $65,900; after that, we need to watch the $65,200 area, where there is strong support that must be broken decisively to continue to the target of $63,850.Shortby EduardoJE222
BTC Cycles & TA: 6/18/24Minor updates and target to keep a close eye on in order to see if we rally or break down further... we have 12 days to go. 12:39by Majorcycles113
BTC weakness and updateThis is my untouched chart since BTC was 15k. The cup and handle played out and this momentum trend line was been mostly respected since Oct 23rd. I expect at least a test of the purple line, my first downside target that is the dotted red has already been reached. A more likely flush out zone is the 20EMA which is the red line I drew the arrow to. In the coming days/weeks this line will slowly come to current price action. This coincides with the base of the two candles I highlighted in the red rectangle. To me this area makes the most sense as a base for this draw down on a weekly time-frame. -I expect flushes below this on dailies/wicks -A boring summer now with less volatility until maybe end of August -A longer cycle with a higher cycle highShortby Apollo_CB112
Old chart revisited and shows some surprises On first glance, the Run from 2017 to the 2021 ATH and the current path from 2021 to the Next ATH, could be seen to be very different in so many ways. And They are, I pointed out the First and most prominent difference recently when I showed how PA was level with previous ATH level at the Time of Halving for the First time Ever. However, as this old chart shows, now that we have a few more Months of data on it, there are still some Very strong Similarities...and this is a Very BULLISH thing Lets have a look ( please note, this is a weekly chart-days count is subject to 7 day variation) 2017 ATH to Next Low ( A) 217 days 2021 Nov ATH to next Low ( C) 217 days Dec 2018 Low point A to Halving 518 days Nov 2022 Low point C to Halving 518 days Given the similarities above, is it safe to assume this continuity may continue ? The Simple answer is NO but let us have a look at some projections using this data because, it Does have confluence with many other charts May 2020 Halving to Next ATH - 336 days April 2024 Halving. If we use the 336 days then we end up with a projected next ATH in March 2025. This is a widely used expected date date May 2020 Halving date to continued push up to New ATH ( green box on left ) = 119 days April 2024 Halving. If we use the same day count, we come to August as the time when we should see a continued push higher. I do have other charts that point more towards July but August could be considered to be within a range of Tolerance... Other things to note here are - 1) PS this time is Much more "controlled". e are rising slowly and carefully. The 2017 to 2021 was a Volatile and Choppy rise as can be seen by the Massive Ups and downs of PA. We are being a Lot more controlled, to try and avoid these sudden and painful Dips; 2) The RSI ( Top indicator below the Volume bars ) is currently a lot higher than on previous Halvings. ( orange vertical lines ) This is due to the continued and steady Rise of PA over the last 19 months - Previously, RSI rose post Halving, We are currently Dropping.. Fast...and I expect we will be where we need to be by the July / August date mentioned above. 3) The ATR ( bottom indicator that measure Market Volatility ) is way up high now where as, on the 202 Halving, ATR was Down low. However, as we saw in the 2021 year, ATR can range high for extended Periods of Time. All in all, for me, some interesting similarities and possibilities here. Even though efforts are being made to control the market and rise smoothly, we are still working with in the same time periods as previous Runs... These are all Just IDEAS...untill it happens, nothing os certain..But it can lead to other ideas and options. by Orriginal331
Bitcoin Aliens and the Lunar HeistThey are here and taking bitcoin to new heights, but not before a few cosmic tricks.Longby shenanigansUpdated 111
We are here! Bitcoin Price Analysis with #AndrewsPitchfork Bitcoin Price Analysis with Andrews Pitchfork Chapter 1 # Andrews Pitchfork is a tool used in technical analysis to identify trend channels. It consists of three main lines: median line, upper line (resistance line) and lower line (support line). These lines are used to determine the direction of the trend and potential support-resistance levels. 2. Starting Points: Three important points are chosen when creating Pitchfork: - The first point is usually a major price reversal point (around 2021 on the chart). - The second and third dots represent subsequent price transformations. 3. Main Line: The middle line represents the center of price movement and the price usually moves around this line. This line, shown in blue on the chart, determines the long-term trend of BTC. A movement of price along the middle line is an indication of a strong trend. 4. Upper and Lower Lines: The upper and lower lines determine the potential limits of price movement. These lines show potential support and resistance levels of the price. These lines, shown in green and red on the chart, determine the possible pullback or rise points of BTC. 5. Trend Lines: A few more trend lines in different colors have been added to the chart. These lines show certain trends of price movements in different time frames. For example, it shows the upward or downward trend over a particular period. 6. Price Movement and Reactions: On the chart, one can observe how the price of BTC reacts to the middle line and other trend lines. The fact that the price movement reacts to these lines and stops or turns at certain points indicates that the lines are correctly placed and valid. Summary This analysis is used to predict potential future price movements of BTC. Andrews Pitchfork is a powerful tool for identifying long-term trends and possible support-resistance levels. The lines shown on the chart show at what levels the price of BTC may move in the future and at what points it may encounter support or resistance. --- Chapter 2 # 1. Starting Point and Pivots: First Point (Pivot 1): This point marks a major price reversal point in early 2021 on the chart. This is Pitchfork's starting point. Second Point (Pivot 2): The second point was chosen as the bottom point determined after the first price drop. Third Point (Pivot 3): The third point is determined as the point where the price rises again and reaches a peak. These three pivot points form the outline of Pitchfork. 2. Main Line: This line, shown in blue on the chart, represents the average trend of price movement. It can be observed that the BTC price moves around this line. The middle line represents the center line of the trend and the price is seen touching this line frequently. 3. Upper and Lower Lines (Resistance and Support Lines): Upper Line (Resistance Line): The upper resistance line determines the upper limit of the BTC price. This line shows resistance levels that the price could potentially face. Lower Line (Support Line): The lower support line determines the lower limit of the BTC price. This line shows the support levels the price could potentially find. These lines help identify possible retracement or uptrend points of the price. 4. Trend Lines: Trend Lines in Different Colors: There are several more trend lines shown in various colors on the chart. These lines show trends and movements of the price over different time frames. For example, red and green lines represent up and down trends over specific periods. 5. Price Reactions: On the chart, one can see how the price of BTC reacts to these lines. Price action frequently touches the midline and other trend lines and encounters support or resistance at these points. This indicates that the Pitchfork lines are placed correctly and are valid. Pitchfork's Importance in Visuals Specially Long-Term Trend: This Pitchfork was used to analyze the long-term trend of BTC. Price movement along the middle line indicates a long-term uptrend. Support and Resistance Levels: The upper and lower lines are used to determine the potential support and resistance levels that BTC may face in the future. These levels provide investors with important decision points. Price Targets: Pitchfork's upper and lower bounds indicate possible price targets that BTC could reach in the future. These goals can form important strategic plans for investors.Longby cihatk111
BTC BUY SETUP ,Bought at $69,650BTC PERPPETUAL TRADE BTC BUY SETUP Currently $69,830 Bought at $69,650 (Trading plan If BTC down to $68,400 we will add more buy) Expecting target $70,700 0R ABOVE Incase of early exist will update this anaylsis Its not a Financial Advice Longby salahuddin20041Updated 114
not looking goodNot a good start for the weekly. Let's see if this paints a higher low.Shortby chewbaca11111
BTC ChopUp, down, all around. True to form, Bitcoin dropped a head of the FOMC, pumped on inflation headlines, then cooled off and ended up right back where it started. Fun, right? Still in the top half of the range…by ScottMelker111
BTC Plan of ActionLooks like BTC and DOGE have traded places in space-time. They're following each other in a warped calculation that I found after many hours of deliberation. I don't know if this is right but its why I originally thought the entire market would crash. However, then the rich would also lose billions. Doge was created to balance the market out, and, when needed, come out of the bottomless pit when BTC went in to take place as king crypto while BTC retraces. I fully expect DOGE to hit $1.50 - $1.75 before this is over and tank as fast and the same way as BTC does nowShortby Antizma220
BTC/USD Secondary trend cycles and halvings.The graph shows the main trend of bitcoin. Logarithmic chart. Timeframe 1 month. The main liquidity zone. The graph is linear (without “market noise”, i.e., without squeezes of minima and maxima for hamsters). The channel and all values are set according to it. Everything is extremely accurate (potentially accurate). All the same parameters, but candlestick chart. Pay attention to the timing of the halving and the evolution of the cycle . There are super resets before halvings, which are completely invisible on a large timeframe on a line chart after a short time. Pay attention to 17( 518 ) + 18( 547 ) and the treasured 1400. I am sure that in 1 year everyone will be very interested in the cryptocurrency and bitcoin market, in 2-3 years ( 123 ) up to 6 0% of market participants will no longer be interested (they will have completely different problems). In 6 years there will be no more than 6 0%. Secondary trend decline in the super cycle (the main, long-term trend), on a line chart, 1 month timeframe: 1) -81% 2) -75% 3) -67% (as of publication). #1 Super reset -44% after 1 cycle , already in the alignment zone (sideways, accumulation) the before BTC halving. Candlestick chart. Timeframe 1 month. All the same and the same “fear”, but on a line chart #2 Super reset -67 % (13). 2 cycle . Border closes, start of COD619 carnival, (hematria) 1.8 months before bitcoin halving and subsequent growth over +880 % (not from lows). From “fear hamsters” lows over + 1440 % (not liquid). Candlestick chart. Same on a line chart. Greed begets poverty. Focus on that part of the price chart of the cycle. The chart doesn't matter, what matters is what I can "silently" convey to you with it. It's important to understand what's important to you, what you want to guess, I'm not interested in that at all. It can't be a secret what's already been. It is simply reality. You don't have to understand the last paragraph. If you don't understand it, skip it and focus on the text above, the logical TA (probability game). by SpartaBTCUpdated 191932
BITCOIN Keep this scenario at the back of your mind.Bitcoin (BTCUSD) requires at all times that we are openminded to all possibilities and not just one. This suggests that we need to be prepared for scenarios that often go against the trend, the majority of opinions and momentum (whether euphoric or panic). Along those lines, we present you today a medium-term pattern that is possible and even though it doesn't contradict the long-term trend (which is bullish), it does go against the short-term general market euphoria of recent days. As you can see, within the dominant Channel Up since December 2022, BTC had its first major 'correction' through a Rectangle, which has basically been an accumulation pattern. The price found Support, formed a bottom and start rising again after it broke below the MA50 (blue trend-line) and just before it tested the MA100 (green trend-line). If we experience the same kind of accumulation again, then BTC is currently on a 'hammer' rejection level similar to July 12 2023. Even the RSI patterns among the two fractals are similar. This indicates that the Buy Zone will be within the MA50 and the bottom of the (green) Rectangle. But what do you think? Will this 'unpopular opinion' be materialized? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot131378
Balla is still Bullish on BITCOIN. Cup & Handle pattern. The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :) Longby BallaJiUpdated 111114
BTC PA Model- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The PA range have been respected almost perfectly. - it seems like a consolidation between 60 to 70k+. - BTC tried to break 70k++, 5 Times exactly. - Soon or later a breakout will happen ( next could be 85k$ ish ) - Halving is still young and the decoupling not yet started. - if we dip under 60k. - 50k is next small support. - 40k is a strong support. - very simple. - There's a time for trading and a time for waiting. Happy Tr4Ding!by thecryerUpdated 9
BRIEFING Week #24 : Volatility will Decide. Be very CautiousHere's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil17:32by PRO_Indicators9
Is Bitcoin Preparing for a Bull Run? Hello, dear friends!💙 Bitcoin has started to show a decline in price, even though other markets are experiencing growth. Despite the current price decline, Bitcoin's behavior closely mirrors the patterns observed before previous bull runs. Analyzing historical data, we can see that Bitcoin often undergoes a phase of consolidation and accumulation before significant upward movements. This phase is characterized by narrowing price ranges and reduced volatility, often forming technical patterns like triangles or flags on the charts. One of the key indicators suggesting a potential bull run is the breakout from these consolidation patterns. In the past, when Bitcoin has broken out of a well-defined triangle or flag pattern, it has often led to substantial price increases. Currently, we are observing similar behavior, where Bitcoin appears to be consolidating and forming a base of support. This base-building is crucial as it allows for the accumulation of buying pressure, which can propel prices higher when a breakout occurs. It's important to acknowledge that Bitcoin's current decline could be part of the larger consolidation phase, potentially shaking out weak hands and setting the stage for a more robust recovery. Such pullbacks are not uncommon and can often precede stronger bullish momentum as the market stabilizes and regains confidence. Moreover, market sentiment and external factors play a crucial role in the development of a bull run. Positive news, regulatory clarity, or institutional adoption can act as catalysts, driving investor confidence and increasing buying activity. With the macroeconomic environment showing signs of stability and other markets experiencing growth, Bitcoin's current consolidation phase might just be the calm before the storm. Pay attention to the price formations I've circled in yellow and pink, and notice how the price reacted afterwards. In conclusion, while Bitcoin is currently seeing a price decline, its behavior still exhibits patterns that have historically preceded bull runs. If this trend continues and we see a confirmed breakout from the current consolidation phase, it could signal the start of another significant upward movement. Investors should keep a close eye on key support and resistance levels, as well as external market factors, to position themselves advantageously for the potential bull run. Thanks for Your attention and interest in my work. Always sincerely Yours, Kateryna💙💛Longby RocketBombUpdated 2226
BTCUSD H4 Bearish PullbackBTCUSD Potential for a bearish pullback on the Bitcoin H4 which could lead to a price movement towards the support level at 66.000 Shortby GOLDFXCCUpdated 995
BITCOIN LONG TO $77,000 (UPDATE)So far running 100 PIPS in profit! It is still not too late to get into Bitcoin buy positions, if you haven't already. Just adjust your risk for a bigger invalidation level & open up a buy position according to that. Move called live. Longby BA_Investments8
Could Bitcoin drop from here?Price is currently at a resistance level which is an overlap resistance and could potentially reverse from this level to our take profit. Entry: 65,131.25 Why we like it: There is an overlap resistance level. Stop loss: 67,114.33 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Take profit: 63,099.45 Why we like it: There is a pullback support level which is slightly below the 161.8% Fibonacci extension. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets8
Bullish bounce off pullback suport?BTC/USD is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 66,308.43 Why we like it: There is an overlap support level. Stop loss: 65,129.43 Why we like it: There is an overlap support level that aligns with the 78.6% Fibonacci projection. Take profit: 69,872.38 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets8
BTC Cycles & TA: 6/10/24It has been a long time, but not much has changed since my last video. Cycles continue to point down and charts continue to signal that something big and bad is coming. see the video and you decide. Make up your own mind. 30:14by Majorcycles334